Shell plc(SHEL)Earnings, Financials & Key Ratios
SHEL•NYSE
13.1× P/E·Price updated Jun 19, 2026
AboutShell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market. The company also markets and trades natural gas, liquefied natural gas (LNG), crude oil, electricity, carbon-emission rights; and markets and sells LNG as a fuel for heavy-duty vehicles. In addition, it trades in and refines crude oil and other feed stocks, such as low-carbon fuels, lubricants, bitumen, sulphur, gasoline, diesel, aviation fuel, and marine fuel; produces and sells petrochemicals for industrial use; and manages oil sands activities. Further, the company produces base chemicals comprising ethylene, propylene, and aromatics, as well as intermediate chemicals, such as styrene monomer, propylene oxide, solvents, detergent alcohols, ethylene oxide, and ethylene glycol. Additionally, it generates electricity through wind and solar resources; produces and sells hydrogen; and provides electric vehicle charging services. The company was formerly known as Royal Dutch Shell plc and changed its name to Shell plc in January 2022. Shell plc was founded in 1907 and is headquartered in London, the United Kingdom.Show more
- Revenue$266.89B-6.1%
- EBITDA$49.75B-12.5%
- Net Income$17.84B+10.8%
- EPS (Diluted)6.02+19.0%
- Gross Margin15.92%-1.5%
- EBITDA Margin18.64%-6.8%
- Operating Margin10.33%-2.0%
- Net Margin6.68%+18.1%
- ROE10.04%+14.9%
SHEL Key Insights
Shell plc (SHEL) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓High quality earnings: Operating CF exceeds net income
- ✓Healthy dividend yield of 3.6%
- ✓Share count reduced 6.5% through buybacks
- ✓Trading at only 1.3x book value
✗Weaknesses
No significant weaknesses identified
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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SHEL Price & Volume
Shell plc (SHEL) stock price & volume — 10-year historical chart
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SHEL Growth Metrics
Shell plc (SHEL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years0.07%
5 Years8.13%
3 Years-11.21%
TTM-5.07%
Profit CAGR
10 Years24.85%
5 Years-
3 Years-25.02%
TTM38.42%
EPS CAGR
10 Years25.93%
5 Years-
3 Years-19.22%
TTM50.7%
Return on Capital
10 Years7.05%
5 Years11.29%
3 Years9.72%
Last Year9.5%
SHEL Recent Earnings
Shell plc (SHEL) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 7/12 qtrs (58%)
Q2 2026Latest
May 7, 2026Metric
Actual
Est
EPS
$2.44+14.0%
$2.14
Rev
$69.7B-10.1%
$77.5B
Q1 2026
Feb 5, 2026Metric
Actual
Est
EPS
$1.14-5.8%
$1.21
Rev
$64.1B+2.3%
$62.6B
Q4 2025
Oct 30, 2025Metric
Actual
Est
EPS
$1.86+8.1%
$1.72
Rev
$67.7B+0.0%
$67.7B
Q3 2025
Jul 31, 2025Metric
Actual
Est
EPS
$1.42+25.7%
$1.13
Rev
$65.4B-6.9%
$70.2B
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 7, 2026 | $2.44vs $2.14+14.0% | $69.7Bvs $77.5B-10.1% |
| Q1 2026 | Feb 5, 2026 | $1.14vs $1.21-5.8% | $64.1Bvs $62.6B+2.3% |
| Q4 2025 | Oct 30, 2025 | $1.86vs $1.72+8.1% | $67.7Bvs $67.7B+0.0% |
| Q3 2025 | Jul 31, 2025 | $1.42vs $1.13+25.7% | $65.4Bvs $70.2B-6.9% |
Based on last 12 quarters of dataView full earnings history →
SHEL Peer Comparison
Shell plc (SHEL) competitors in Integrated gas and LNG value chain — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 XOM | 584.04B | 137.81 | 20.57 | -4.52% | 8.91% | 10.74% | 0.16 | |
 CVX | 346.46B | 173.63 | 26.19 | -4.64% | 6.67% | 7.18% | 0.24 | |
 BP | 102.06B | 39.10 | 1916.67 | 0.08% | 1.65% | 4.16% | 1.14 | |
 TTE | 179.12B | 80.43 | 13.92 | -6.78% | 8.19% | 12.56% | 0.52 | |
 E | 71.98B | 48.95 | 28.35 | -11.14% | 3.3% | 4.82% | 0.73 | |
 COP | 131.32B | 107.74 | 16.97 | 7.51% | 12.56% | 11.29% | 0.36 | |
 EOG | 69.23B | 129.98 | 14.27 | -3.47% | 23.41% | 18.28% | 0.28 | |
 OXY | 51.54B | 51.82 | 32.19 | -20.32% | 20.31% | 12.63% | 0.65 |
Compare SHEL vs Peers
Shell plc (SHEL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
SHEL Income Statement
Shell plc (SHEL) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Sales/Revenue | 305.18B | 388.38B | 344.88B | 180.54B | 261.5B | 381.31B | 316.62B | 284.31B | 266.89B | 266.82B |
Revenue Growth % | 30.65% | 27.26% | -11.2% | -47.65% | 44.84% | 45.82% | -16.97% | -10.2% | -6.13% | -5.07% |
Cost of Goods Sold | 276.32B | 343.5B | 308.12B | 193.54B | 225.66B | 302.54B | 269.41B | 238.37B | 224.39B | 225.16B |
COGS % of Revenue | 90.54% | 88.45% | 89.34% | 107.2% | 86.29% | 79.34% | 85.09% | 83.84% | 84.08% | - |
Gross Profit | 28.86B▲ 0% | 44.88B▲ 55.5% | 36.76B▼ 18.1% | -12.99B▼ 135.4% | 35.85B▲ 375.9% | 78.78B▲ 119.8% | 47.21B▼ 40.1% | 45.94B▼ 2.7% | 42.49B▼ 7.5% | 41.65B▲ 0% |
Gross Margin % | 9.46% | 11.55% | 10.66% | -7.2% | 13.71% | 20.66% | 14.91% | 16.16% | 15.92% | 15.61% |
Gross Profit Growth % | 64.05% | 55.51% | -18.09% | -135.36% | 375.87% | 119.75% | -40.08% | -2.68% | -7.5% | - |
Operating Expenses | 13.38B | 13.69B | 13.81B | 12.54B | 13.57B | 15.67B | 16.47B | 15.95B | 14.91B | 14.31B |
OpEx % of Revenue | 4.38% | 3.52% | 4% | 6.94% | 5.19% | 4.11% | 5.2% | 5.61% | 5.59% | - |
Selling, General & Admin | 10.51B | 11.36B | 10.49B | 9.88B | 11.33B | 12.88B | 13.43B | 12.44B | 12.61B | 12.57B |
SG&A % of Revenue | 3.44% | 2.93% | 3.04% | 5.47% | 4.33% | 3.38% | 4.24% | 4.38% | 4.72% | - |
Research & Development | 922M | 986M | 962M | 907M | 815M | 1.07B | 1.29B | 1.1B | 1.17B | 1.15B |
R&D % of Revenue | 0.3% | 0.25% | 0.28% | 0.5% | 0.31% | 0.28% | 0.41% | 0.39% | 0.44% | - |
Other Operating Expenses | 1.95B | 1.34B | 2.35B | 1.75B | 1.42B | 1.71B | 1.75B | 2.41B | 1.14B | 1000K |
Operating Income | 15.48B▲ 0% | 31.19B▲ 101.5% | 22.95B▼ 26.4% | -25.53B▼ 211.3% | 22.28B▲ 187.3% | 63.11B▲ 183.2% | 30.74B▼ 51.3% | 29.99B▼ 2.4% | 27.58B▼ 8.0% | 27.34B▲ 0% |
Operating Margin % | 5.07% | 8.03% | 6.65% | -14.14% | 8.52% | 16.55% | 9.71% | 10.55% | 10.33% | 10.25% |
Operating Income Growth % | 554.03% | 101.47% | -26.43% | -211.26% | 187.28% | 183.22% | -51.3% | -2.42% | -8.04% | - |
EBITDA | 41.7B | 52.89B | 48.05B | -549M | 45.35B | 85.5B | 53.84B | 56.86B | 49.75B | 50.07B |
EBITDA Margin % | 13.67% | 13.62% | 13.93% | -0.3% | 17.34% | 22.42% | 17.01% | 20% | 18.64% | 18.77% |
EBITDA Growth % | 52.43% | 26.83% | -9.15% | -101.14% | 8361.2% | 88.52% | -37.03% | 5.61% | -12.51% | 1.11% |
D&A (Non-Cash Add-back) | 26.22B | 21.7B | 25.11B | 24.98B | 23.07B | 22.39B | 23.11B | 26.87B | 22.17B | 22.73B |
EBIT | 22.06B | 39.2B | 30.04B | -22.76B | 33.44B | 70.16B | 37.26B | 34.78B | 34.5B | 34.71B |
Net Interest Income | -3.02B | -2.7B | -3.48B | -3.53B | -3.07B | -4.3B | -2.06B | -2.4B | -2.78B | -3.2B |
Interest Income | 904M | 876M | 1.08B | 679M | 539M | 1.05B | 2.57B | 2.46B | 1.96B | 1.89B |
Interest Expense | 3.93B | 3.58B | 4.56B | 4.21B | 3.61B | 5.35B | 4.63B | 4.86B | 4.74B | 5.08B |
Other Income/Expense | 2.65B | 4.43B | 2.54B | -1.44B | 7.55B | 1.71B | 1.89B | -70M | 2.17B | 2.72B |
Pretax Income | 18.13B▲ 0% | 35.62B▲ 96.5% | 25.48B▼ 28.5% | -26.97B▼ 205.8% | 29.83B▲ 210.6% | 64.81B▲ 117.3% | 32.63B▼ 49.7% | 29.92B▼ 8.3% | 29.76B▼ 0.6% | 30.06B▲ 0% |
Pretax Margin % | 5.94% | 9.17% | 7.39% | -14.94% | 11.41% | 17% | 10.3% | 10.52% | 11.15% | 11.27% |
Income Tax | 4.7B | 11.71B | 9.05B | -5.43B | 9.2B | 21.94B | 12.99B | 13.4B | 11.64B | 11.1B |
Effective Tax Rate % | 25.9% | 32.89% | 35.52% | 20.15% | 30.84% | 33.85% | 39.82% | 44.79% | 39.11% | 36.94% |
Net Income | 12.98B▲ 0% | 23.35B▲ 79.9% | 15.84B▼ 32.2% | -21.68B▼ 236.8% | 20.1B▲ 192.7% | 42.31B▲ 110.5% | 19.36B▼ 54.2% | 16.09B▼ 16.9% | 17.84B▲ 10.8% | 18.71B▲ 0% |
Net Margin % | 4.25% | 6.01% | 4.59% | -12.01% | 7.69% | 11.1% | 6.11% | 5.66% | 6.68% | 7.01% |
Net Income Growth % | 183.65% | 79.95% | -32.16% | -236.84% | 192.72% | 110.48% | -54.24% | -16.87% | 10.84% | 38.42% |
Net Income (Continuing) | 13.44B | 23.91B | 16.43B | -21.53B | 20.63B | 42.87B | 19.64B | 16.52B | 18.12B | 18.96B |
Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Minority Interest | 3.46B | 3.89B | 3.99B | 3.23B | 3.36B | 2.13B | 1.75B | 1.86B | 928M | 1.02B |
EPS (Diluted) | 3.12▲ 0% | 5.60▲ 79.5% | 3.90▼ 30.4% | -5.56▼ 242.6% | 5.14▲ 192.4% | 11.42▲ 122.2% | 5.70▼ 50.1% | 5.06▼ 11.2% | 6.02▲ 19.0% | 6.56▲ 0% |
EPS Growth % | 168.97% | 79.49% | -30.36% | -242.56% | 192.45% | 122.18% | -50.09% | -11.23% | 18.97% | 50.7% |
EPS (Basic) | 3.16 | 5.64 | 3.94 | -5.56 | 5.18 | 11.52 | 5.76 | 5.10 | 6.08 | - |
Diluted Shares Outstanding | 4.15B | 4.17B | 4.06B | 3.9B | 3.9B | 3.71B | 3.4B | 3.18B | 2.97B | 2.85B |
Basic Shares Outstanding | 4.11B | 4.14B | 4.03B | 3.9B | 3.88B | 3.67B | 3.31B | 3.15B | 2.95B | 2.83B |
Dividend Payout Ratio | 83.82% | 67.12% | 95.93% | - | 31.11% | 17.5% | 43.35% | 53.86% | 47.6% | - |
SHEL Balance Sheet
Shell plc (SHEL) balance sheet — assets, liabilities & shareholders' equity
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Total Current Assets | 95.4B | 97.48B | 92.69B | 91.95B | 128.76B | 165.94B | 134.12B | 127.93B | 107.17B | 119.16B |
Cash & Short-Term Investments | 20.31B | 26.74B | 18.05B | 31.83B | 36.97B | 40.25B | 38.77B | 39.11B | 30.22B | 23.12B |
Cash Only | 20.31B | 26.74B | 18.05B | 31.83B | 36.97B | 40.25B | 38.77B | 39.11B | 30.22B | 23.12B |
Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accounts Receivable | 30.72B | 27.54B | 30.43B | 21.97B | 34.95B | 39.54B | 36.46B | 31.23B | 44.6B | 53.89B |
Days Sales Outstanding | 36.74 | 25.88 | 32.2 | 44.41 | 48.78 | 37.85 | 42.03 | 40.09 | 60.99 | 64.76 |
Inventory | 25.22B | 21.12B | 24.07B | 19.46B | 25.26B | 31.89B | 26.02B | 23.43B | 22.22B | 28.7B |
Days Inventory Outstanding | 33.32 | 22.44 | 28.51 | 36.69 | 40.86 | 38.48 | 35.25 | 35.87 | 36.14 | 39.36 |
Other Current Assets | 15.21B | 16.73B | 15.85B | 15.02B | 22.62B | 39.75B | 26.7B | 28.45B | 10.14B | 13.45B |
Total Non-Current Assets | 311.69B | 301.71B | 311.65B | 287.31B | 275.61B | 277.09B | 272.15B | 259.68B | 263.18B | 261.44B |
Property, Plant & Equipment | 226.38B | 223.18B | 238.35B | 209.7B | 194.93B | 198.64B | 194.84B | 185.22B | 185.08B | 185.71B |
Fixed Asset Turnover | 1.35x | 1.74x | 1.45x | 0.86x | 1.34x | 1.92x | 1.63x | 1.54x | 1.44x | 1.44x |
Goodwill | 13.66B | 13.72B | 14.21B | 14.04B | 14.92B | 16.04B | 16.66B | 16.03B | 15.66B | 15.19B |
Intangible Assets | 10.52B | 9.87B | 9.28B | 8.67B | 9.77B | 9.66B | 10.25B | 9.48B | 11.01B | 10.87B |
Long-Term Investments | 35.15B | 28.4B | 25.8B | 25.67B | 27.21B | 27.23B | 27.7B | 25.7B | 29.33B | 133.48B |
Other Non-Current Assets | 25.98B | 26.55B | 24.02B | 29.23B | 28.78B | 25.52B | 22.7B | 23.25B | 13.92B | 5.19B |
Total Assets | 407.1B▲ 0% | 399.19B▼ 1.9% | 404.34B▲ 1.3% | 379.27B▼ 6.2% | 404.38B▲ 6.6% | 443.02B▲ 9.6% | 406.27B▼ 8.3% | 387.61B▼ 4.6% | 370.35B▼ 4.5% | 380.6B▲ 0% |
Asset Turnover | 0.75x | 0.97x | 0.85x | 0.48x | 0.65x | 0.86x | 0.78x | 0.73x | 0.72x | 0.70x |
Asset Growth % | -1.02% | -1.94% | 1.29% | -6.2% | 6.62% | 9.56% | -8.3% | -4.59% | -4.45% | -12.77% |
Total Current Liabilities | 79.77B | 77.81B | 79.62B | 73.71B | 95.55B | 121.31B | 95.47B | 95.03B | 82.42B | 93.47B |
Accounts Payable | 33.2B | 30.35B | 29.5B | 22.66B | 34.14B | 42.63B | 34.59B | 29.77B | 57.77B | 64.29B |
Days Payables Outstanding | 43.85 | 32.25 | 34.94 | 42.74 | 55.22 | 51.43 | 46.86 | 45.58 | 93.97 | 96.15 |
Short-Term Debt | 10.71B | 9.11B | 10.11B | 12.76B | 4.08B | 4.62B | 5.37B | 6.94B | 9.13B | 10.06B |
Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Current Liabilities | 20.57B | 23.02B | 21.12B | 22.19B | 38.23B | 51.13B | 34.31B | 38.67B | 15.52B | 15.24B |
Current Ratio | 1.20x | 1.25x | 1.16x | 1.25x | 1.35x | 1.37x | 1.40x | 1.35x | 1.30x | 1.27x |
Quick Ratio | 0.88x | 0.98x | 0.86x | 0.98x | 1.08x | 1.10x | 1.13x | 1.10x | 1.03x | 0.97x |
Cash Conversion Cycle | 26.21 | 16.07 | 25.78 | 38.36 | 34.41 | 24.89 | 30.42 | 30.38 | 3.16 | 7.96 |
Total Non-Current Liabilities | 129.52B | 118.85B | 134.25B | 147.02B | 133.51B | 129.12B | 122.44B | 112.41B | 112.62B | 112.52B |
Long-Term Debt | 59.43B | 53.69B | 55.78B | 66.84B | 57.5B | 51.53B | 48.56B | 41.5B | 66.52B | 40.36B |
Capital Lease Obligations | 14.44B | 13B | 25.58B | 24.28B | 23.37B | 23.26B | 23.07B | 23.99B | 28.93B | 111.69B |
Deferred Tax Liabilities | 0 | 0 | 0 | 10.46B | 0 | 16.19B | 15.35B | 13.51B | 11.98B | 48.74B |
Other Non-Current Liabilities | 55.65B | 52.16B | 52.89B | 45.45B | 52.64B | 37.88B | 35.25B | 33.22B | 5.18B | 35.05B |
Total Liabilities | 209.28B | 196.66B | 213.87B | 220.73B | 229.05B | 250.43B | 217.91B | 207.44B | 195.03B | 206B |
Total Debt | 85.67B | 76.82B | 96.42B | 108.01B | 89.09B | 83.8B | 81.64B | 77.14B | 104.58B | 75.64B |
Net Debt | 65.35B | 50.08B | 78.37B | 76.18B | 52.12B | 43.55B | 42.87B | 38.03B | 74.36B | 52.53B |
Debt / Equity | 0.43x | 0.38x | 0.51x | 0.68x | 0.51x | 0.44x | 0.43x | 0.43x | 0.60x | 0.43x |
Debt / EBITDA | 2.05x | 1.45x | 2.01x | - | 1.96x | 0.98x | 1.52x | 1.36x | 2.10x | 1.51x |
Net Debt / EBITDA | 1.57x | 0.95x | 1.63x | - | 1.15x | 0.51x | 0.80x | 0.67x | 1.49x | 1.05x |
Interest Coverage | 5.62x | 10.96x | 6.59x | -5.41x | 9.27x | 13.12x | 8.05x | 7.16x | 7.28x | 6.83x |
Total Equity | 197.81B▲ 0% | 202.53B▲ 2.4% | 190.46B▼ 6.0% | 158.54B▼ 16.8% | 175.33B▲ 10.6% | 192.6B▲ 9.9% | 188.36B▼ 2.2% | 180.17B▼ 4.4% | 175.32B▼ 2.7% | 174.6B▲ 0% |
Equity Growth % | 4.93% | 2.39% | -5.96% | -16.76% | 10.59% | 9.85% | -2.2% | -4.35% | -2.69% | -14.42% |
Book Value per Share | 47.67 | 48.52 | 46.96 | 40.67 | 44.92 | 51.98 | 55.40 | 56.62 | 58.94 | 61.22 |
Total Shareholders' Equity | 194.36B | 198.65B | 186.48B | 155.31B | 171.97B | 190.47B | 186.61B | 178.31B | 174.39B | 173.58B |
Common Stock | 696M | 685M | 657M | 651M | 641M | 584M | 544M | 510M | 477M | 471M |
Retained Earnings | 177.65B | 182.61B | 172.43B | 142.62B | 153.03B | 169.48B | 165.91B | 158.83B | 190.83B | 190.75B |
Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -847M | -231M |
Accumulated OCI | 15.86B | 15.2B | 13.23B | 11.89B | 18.14B | 20.25B | 19.99B | 18.81B | -16.22B | -17.56B |
Minority Interest | 3.46B | 3.89B | 3.99B | 3.23B | 3.36B | 2.13B | 1.75B | 1.86B | 928M | 1.02B |
SHEL Cash Flow Statement
Shell plc (SHEL) cash flow — operating, investing & free cash flow history
| Metric | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Cash from Operations | 35.65B | 53.09B | 42.18B | 34.1B | 45.1B | 68.41B | 54.19B | 54.69B | 40.81B | 37.78B |
Operating CF Margin % | 11.68% | 13.67% | 12.23% | 18.89% | 17.25% | 17.94% | 17.12% | 19.23% | 15.29% | - |
Operating CF Growth % | 72.93% | 48.91% | -20.55% | -19.14% | 32.25% | 51.68% | -20.79% | 0.92% | -25.38% | -107.51% |
Net Income | 18.13B | 35.62B | 25.48B | -26.97B | 29.83B | 64.81B | 32.63B | 29.92B | 17.88B | 18.71B |
Depreciation & Amortization | 26.22B | 21.7B | 25.11B | 24.98B | 23.07B | 22.39B | 23.11B | 26.87B | 22.22B | 22.72B |
Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other Non-Cash Items | -6.45B | -7.68B | -3.64B | 31.48B | 2.57B | -13.36B | -9.38B | -4.17B | 2.52B | 3.32B |
Working Capital Changes | -2.25B | 3.44B | -4.78B | 4.61B | -10.37B | -5.43B | 7.84B | 2.06B | -1.81B | -9.34B |
Change in Receivables | -2.58B | 1.96B | -921M | 9.63B | -20.57B | -8.99B | 12.4B | 6.58B | 2.25B | -5.54B |
Change in Inventory | -2.08B | 2.82B | -2.63B | 4.48B | -7.32B | -8.36B | 6.33B | 1.27B | 1.92B | -5.61B |
Change in Payables | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -5.97B | 5.8B |
Cash from Investing | -8.03B | -13.66B | -15.78B | -13.28B | -4.76B | -22.45B | -17.73B | -15.15B | -18.83B | -17.2B |
Capital Expenditures | -20.84B | -23.01B | -22.97B | -16.59B | -19B | -22.6B | -22.99B | -19.6B | -18.99B | -13.58B |
CapEx % of Revenue | 6.83% | 5.92% | 6.66% | 9.19% | 7.27% | 5.93% | 7.26% | 6.89% | 7.12% | 5.09% |
Acquisitions | 1.58B | 714M | 1.86B | 216M | 105M | -1.46B | -728M | 0 | 1.13B | 548.03M |
Investments | - | - | - | - | - | - | - | - | - | - |
Other Investing | -9.61B | 8.64B | 5.07B | 3.03B | 14.06B | 1.76B | 6.13B | 4.53B | -239.56M | -3.88B |
Cash from Financing | -27.09B | -32.55B | -35.21B | -7.22B | -34.66B | -41.95B | -38.23B | -38.43B | -31.76B | -33.31B |
Debt Issued (Net) | -11.83B | -8.33B | -3.42B | 5.58B | -19.73B | -7.87B | -9.83B | -9.62B | -9.17B | -13.49B |
Equity Issued (Net) | -717M | -5.06B | -11.36B | -2.08B | -3.17B | -19.03B | -15.51B | -14.69B | -15.21B | -14.67B |
Dividends Paid | -10.88B | -15.68B | -15.2B | -7.42B | -6.25B | -7.41B | -8.39B | -8.67B | -8.49B | -8.37B |
Share Repurchases | -717M | -5.06B | -11.36B | -2.08B | -3.17B | -19.03B | -15.51B | -14.69B | -15.21B | -14.66B |
Other Financing | -3.66B | -3.48B | -5.24B | -3.3B | -5.51B | -7.65B | -4.5B | -5.46B | 1.11B | 3.22B |
Net Change in Cash | 1.18B▲ 0% | 6.43B▲ 443.9% | -8.69B▼ 235.1% | 13.78B▲ 258.6% | 5.14B▼ 62.7% | 3.28B▼ 36.3% | -1.47B▼ 144.9% | 336M▲ 122.8% | -8.89B▼ 2747.0% | -12.48B▲ 0% |
Free Cash Flow | 14.8B▲ 0% | 30.07B▲ 103.1% | 19.21B▼ 36.1% | 17.52B▼ 8.8% | 26.11B▲ 49.0% | 45.81B▲ 75.5% | 31.2B▼ 31.9% | 35.08B▲ 12.5% | 21.82B▼ 37.8% | 18.8B▲ 0% |
FCF Margin % | 4.85% | 7.74% | 5.57% | 9.7% | 9.98% | 12.01% | 9.85% | 12.34% | 8.18% | 7.05% |
FCF Growth % | 1086.34% | 103.13% | -36.13% | -8.79% | 49% | 75.5% | -31.9% | 12.45% | -37.81% | -39.86% |
FCF per Share | 3.57 | 7.20 | 4.74 | 4.49 | 6.69 | 12.36 | 9.18 | 11.03 | 7.34 | 6.59 |
FCF Conversion (FCF/Net Income) | 2.75x | 2.27x | 2.66x | -1.57x | 2.24x | 1.62x | 2.80x | 3.40x | 2.29x | 1.01x |
Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4.56B | 0 | 0 |
Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
SHEL Key Ratios
Shell plc (SHEL) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
Return on Equity (ROE) | 6.72% | 11.67% | 8.06% | -12.42% | 12.04% | 23% | 10.16% | 8.73% | 10.04% | 10.53% |
Return on Invested Capital (ROIC) | 4.42% | 9.07% | 6.6% | -7.61% | 7.23% | 20.42% | 9.86% | 10.01% | 8.84% | 8.9% |
Gross Margin | 9.46% | 11.55% | 10.66% | -7.2% | 13.71% | 20.66% | 14.91% | 16.16% | 15.92% | 15.61% |
Net Margin | 4.25% | 6.01% | 4.59% | -12.01% | 7.69% | 11.1% | 6.11% | 5.66% | 6.68% | 7.01% |
Debt / Equity | 0.43x | 0.38x | 0.51x | 0.68x | 0.51x | 0.44x | 0.43x | 0.43x | 0.60x | 0.43x |
Interest Coverage | 5.62x | 10.96x | 6.59x | -5.41x | 9.27x | 13.12x | 8.05x | 7.16x | 7.28x | 6.83x |
FCF Conversion | 2.75x | 2.27x | 2.66x | -1.57x | 2.24x | 1.62x | 2.80x | 3.40x | 2.29x | 1.01x |
Revenue Growth | 30.65% | 27.26% | -11.2% | -47.65% | 44.84% | 45.82% | -16.97% | -10.2% | -6.13% | -5.07% |
Related:SHEL Dividend History·SHEL Revenue History·SHEL Price History·SHEL P/E History·SHEL Financial Ratios·SHEL Institutional Holders
SHEL Frequently Asked Questions
Shell plc (SHEL) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Shell plc (SHEL) reported $266.82B in revenue for fiscal year 2025. This represents a 185% increase from $93.69B in 1998.
Shell plc (SHEL) saw revenue decline by 6.1% over the past year.
Yes, Shell plc (SHEL) is profitable, generating $18.71B in net income for fiscal year 2025 (6.7% net margin).
Dividend & Returns
Yes, Shell plc (SHEL) pays a dividend with a yield of 3.62%. This makes it attractive for income-focused investors.
Shell plc (SHEL) has a return on equity (ROE) of 10.0%. This is reasonable for most industries.
Shell plc (SHEL) generated $18.80B in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.